SLC – Superloop Limited

slc

SLC – Superloop Limited

Current Price – 2.77    Status – On watch for buy entry setup

SLC is contracting after a big push up from 1.70 to highs around 3.50 and is showing initial signs of holding and rejecting support at 2.75. We are now looking for price to push up out of contraction and consolidate around 2.80/2.90 to build a higher low. When a higher low builds, then we will look to target initially 3.45 then new highs.